Home Depot Inc The
- Home Depot eased 0.1% to $382.13 after the home improvement retailer reported a steady sales growth in the fourth quarter ending in February.
Net sales increased 14.1% to $39.70 billion from $34.79 billion, net earnings jumped 7% to $2.99 billion from $2.80 billion, and earnings per diluted share rose to $3.02 from $2.82 a year ago.
For fiscal 2025, the company estimated revenue growth of approximately 2.8%, comparable sales growth of 1%, and the opening of 13 new stores.
Diluted earnings per share are expected to decline 3% from $14.91 in fiscal 2024; and capital expenditures would be approximately 2.5% of total sales.
In the fourth quarter, same-store sales edged up 0.8%, and same-store sales in the U.S. increased 1.3%.
For the full year 2024, same-store sales decreased 1.8%, and same-store sales in the U.S. decreased 1.8%.
The company approved a quarterly cash dividend of $2.30 per share, up 2.2% from the previous year, and totaling to an annual dividend of $9.20 per share.
The dividend is payable on March 27 to shareholders on record as of March 13.
Feb 25, 2025 - Home Depot decreased 2.6% to $352.70 after the specialty retailer reported better-than-expected revenue and earnings in the fourth quarter despite consumers retrenching from larger do-it-yourself projects.
Revenue in the fiscal fourth quarter ending in January declined 2.9% to $34.8 billion, net income dropped 16.7% to $2.8 billion from $3.4 billion, and diluted earnings per share fell 14.5% to $2.82 from $3.30 a year ago.
Total sales in the fiscal year 2023 decreased by 3% to $152.7 billion, comparable sales fell by 3.2%, and comparable sales in the U.S. decreased by 3.5%.
Net earnings in the year decreased 11.5% to $15.1 billion from $171. billion, and diluted earnings per share fell 9.5% to $15.11 from $16.69 per diluted share in fiscal 2022.
The company's board of directors approved a 7.7% increase in its quarterly dividend to $2.25, payable on March 21 to shareholders on record on March 7.
The company estimated total sales in fiscal 2024 to increase by 1%, including the 53rd week, but comparable sales declined by 1.0% in the 52-week period.
The retailer estimated diluted earnings per share to increase by 1% for the 53-week period.
Feb 20, 2024 - Home Depot Inc. advanced 3.5% to $299.23 after the specialty retailer reported quarterly results and issued a muted outlook.
Revenue in the third quarter declined 3% to $37.7 billion from $38.9 billion, net income dropped 12.2% to $3.8 billion from $4.2 billion, and diluted earnings per share dropped to $3.81 from $4.24 a year ago.
Comparable store sales in the quarter decreased by 3.1%, and comparable sales at U.S. locations declined by 3.5%.
The company estimated sales and comparable sales to decline between 3% and 4%, operating rate margins between 14.2% and 14.1%, and diluted earnings per share to fall between 9% and 11%.
Nov 14, 2023 - Home Depot Inc jumped 2.2% to $126.0 after the do-it-yourself retailer reported sales declined 2% to $42.9 billion and comparable sales in the period across the company and in the U.S. declined 2%.
Sales were under pressure after customers delayed bid-ticket purchases.
Net income in the quarter declined 9.9% to $4.6 billion from $5.2 billion and diluted earnings per share fell to $4.65 from $5.05 a year ago.
The retailer reaffirmed its 2023 sales and comparable sales to decline between 2% and 5% and diluted earnings per share to fall between 7% and 13% from a year earlier.
Aug 15, 2023 - Home Depot Inc decreased 2.2% to $282.54 after the home improvement retailer said fiscal year revenue is expected to decline.
The home improvement chain blamed the sale decline on softening of lumber prices and poor weather conditions in several parts of the U.S.
Home Depot forecasted same store and comparable sales in 2023 to decrease between 2% and 5%.
Sales in the first quarter decreased 4.2% to $37.3 billion and comparable sales declined 4.5% and in the U.S. store fell 4.6%, operating margin rate between 14.0% and 14.3% and diluted earnings per share to fall between 7.0% and 13.0% a year ago.
May 16, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 3.31 | 3.82 | 4.65 | 3.81 | - | |
| 2022 | 3.22 | 4.09 | 5.05 | 4.24 | 16.69 | |
| 2021 | 2.66 | 3.86 | 4.53 | 3.92 | 15.53 | |
| 2020 | 2.28 | 2.08 | 4.02 | 3.18 | 11.94 | |
| 2019 | 2.25 | 2.27 | 3.17 | 2.28 | 10.25 | |
| 2018 | 1.69 | 2.08 | 3.05 | 2.51 | 9.73 | |
| 2017 | 1.44 | 1.67 | 2.25 | 1.84 | 7.2 | |
| 2016 | 1.17 | 1.44 | 1.97 | 1.60 | 6.18 | |
| 2015 | 1 | 1.16 | 1.71 | 1.35 | 5.22 | |
| 2014 | 1.00 | 1.52 | 1.15 | 0.74 | 3.76 | |
| 2013 | 0.83 | 1.24 | 0.95 | 0.68 | 3 | |
| 2012 | 0.68 | 1.01 | 0.63 | 0.51 | 2.47 | |
| 2011 | 0.50 | 0.86 | 0.60 | 0.35 | 2.01 | |
| 2010 | 0.43 | 0.72 | 0.51 | 0.20 | 1.57 | |
| 2009 | 0.30 | 0.66 | 0.41 | -0.03 | 1.34 | |
| 2008 | 0.21 | 0.71 | 0.45 | 0.43 | 2.37 | |
| 2007 | 0.53 | 0.81 | 0.60 | 0.46 | 2.79 | |
| 2006 | 0.70 | 0.90 | 0.73 | 0.61 | 2.72 | |
| 2005 | 0.57 | 0.82 | 0.72 | 0.47 | 2.26 |